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24 Mar 2009 12:00 AM:

Hi all,

Can someone give me the address and phone number of the costa advice bureau in marbella or close to where I live in Elviria?

regards,

Shenouda



Thread: Costa advice bureau

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05 Feb 2009 12:00 AM:

I was told if I default on my Mortgage for two successive months they will start court proceedings to repossess the appartment.

Is that really true? Are they so intolerant and is the system so abrupt?

Can somebody enlighten me on the process in case of default.

Kind Regards,
Shenouda



Thread: Repossession

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17 Jan 2009 8:03 PM:

Dear Sir,

I am also thinking along those line as I feel a mortgage in the Uk is more controllable and safer.

I can get an interest only mortgage in the UK and this sounds much cheaper than the repayment mortgage from Spain Banks at least until we ride the storm.

The only major drawback is the exchange rate at present which will defeat any benefit from switching the mortgage to a UK bank with its current low rate and flexibility.

 



Thread: Mortgage switch

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05 Jan 2009 6:18 PM:

One  possible advantage of the low ex. rate (£/E) is the value of your property in Spain in £.

If you manage to sell your property for 100,000 euros they will equate to  £100,000  today while a year ago that may have only fetched  £75,000. Just a thought. Always look on the bright side.

Happy new year



Thread: Will the EX Rate ever go back up?

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01 Apr 2007 5:15 PM:

Hi Darren,

I will be grateful if you can send me the rental income calculator.

 


Thread: Guaranteed Rental Income, too good to be true???

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